Sony Ericsson surprised analysts with a strong first quarter, after working for the past year to cut expenses and shift production to higher-end devices.

In a release, Nordberg said, "We are pleased to see the positive impact of both the launch of new products and the business transformation programme improving the company's results." The company started selling its first Android-based device, the Xperia X10, towards the end of the quarter. A better economy might also help Sony Ericsson, which is forecasting a slight growth in global mobile phone shipments in 2010.

source: yahoo finance